Number of enterprise openings grows by 10% in Q1 2020

The number of enterprise openings rose by 10 per cent in the first quarter of 2020 from the respective quarter of 2019, according to Statistics Finland.

In the fourth quarter of 2019, the number of enterprise closures was eight per cent higher than in the corresponding quarter of the year before.

There were 11,963 enterprise openings in January to March 2020. The number is 10 per cent higher than the number in the stipulated period of previous year.

The number of enterprise openings grew also in March 2020 from one year back.

Examined by municipality, the highest number of enterprise openings in the first quarter of 2020 was recorded in Helsinki, 2,321 enterprises followed by Espoo (762), Vantaa (569), Tampere (544) and Turku (454).

In Greater Helsinki (incl. Kauniainen) the number of enterprise openings increased by 16 per cent, in Tampere by six per cent and in Turku by nine per cent compared to the corresponding period of the year before.